Management commitment and perception of the need to adapt and adjust hotel operations in the face of the energy crisis on the path of reducing energy consumption under the REPowerEU plan have been little addressed in the literature, although it is a very topical issue. This research fills this...

The dependency on imported essential production inputs poses a threat of abrupt price hikes and shortages, potentially triggered by political events. The energy crisis resulting from the Russian war of aggression is an example. This paper investigates whether governments should bolster...

The distributional and disruptive effects of energy supply shocks are potentially large. We study the effectiveness of alternative fiscal responses in a two-country HANK model that we calibrate to the euro area. Energy subsidies can stabilize the domestic economy, but are fiscally costly and...

While fossil fuel prices soar during the 2022 global energy crisis, the European Union activates all available fossil-fuel levers and Greece still plans to use natural gas as a transition fuel for delignitisation, with strong concerns over potential exacerbation of energy poverty and hurdles to...

This book presents carefully selected chapters from the proceedings of the 6th International Scientific Conference on Business and Economics (ISCBE),Tetovo, North Macedonia, which took place in May 2023. The chapters address a wide range of areas relevant to contemporary business and economics...

The German economy is struggling to emerge from stagnation. GDP is likely to increase again in 2024, but the economic momentum will remain low. The strong growth in real disposable income will boost private consumption. However, the increases in interest rates continue to weigh on construction...